VIZIO (VZIO) Set to Announce Quarterly Earnings on Wednesday

VIZIO (NYSE:VZIO) is scheduled to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter.

VIZIO Stock Performance

Shares of VZIO stock opened at $11.15 on Monday. The stock has a fifty day moving average price of $11.21 and a 200 day moving average price of $10.95. The stock has a market cap of $2.24 billion, a PE ratio of 139.38 and a beta of 2.03. VIZIO has a 1 year low of $5.17 and a 1 year high of $11.37.

Insider Activity at VIZIO

In other VIZIO news, insider Michael Joseph O’donnell sold 2,555 shares of the business’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $11.13, for a total value of $28,437.15. Following the completion of the transaction, the insider now directly owns 602,364 shares in the company, valued at approximately $6,704,311.32. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 44.68% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC reiterated a “hold” rating on shares of VIZIO in a research report on Wednesday, October 9th. Eight equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, VIZIO currently has an average rating of “Hold” and a consensus price target of $11.08.

VIZIO Company Profile

VIZIO Holding Corp., through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States. It also operates Platform+ that comprises SmartCast, a Smart TV operating system, enabling integrated entertainment solution, and data intelligence and services products through Inscape.